- Aragon Research’s 2024 Globe for Digital Transaction Management (DTM) emphasizes AI Assistants’ role in automating paper transactions.
- The report evaluates 20 key providers in the DTM space.
- The shift from paper to digital workflows is accelerating due to AI-driven automation.
- E-signing adoption is increasing, fueling competition among providers.
- The market is transitioning from paper replacement to digital transformation.
- Digital Wallets are gaining traction in Europe, influencing global digital migration.
Main AI News:
Aragon Research has unveiled its 2024 Aragon Research Globe for Digital Transaction Management (DTM), showcasing the escalating role of AI Assistants in automating and digitizing traditionally paper-based transactions. This latest edition of the DTM Globe reviews 20 leading providers at the forefront of this rapidly evolving sector.
As businesses increasingly adopt AI-driven automation, the shift from paper-based processes to digital workflows is gaining momentum. Digital Transaction Management stands out as a key driver of this transition, with paperless transactions proving to be highly effective. The market’s growth is fueled by the widespread adoption of e-signing, which is intensifying competition among service providers.
Although the DTM market continues to contend with a substantial volume of paper transactions yet to be digitized, it is also experiencing a shift towards replacement markets. Providers are innovating with Intelligent Assistants designed to automate tasks and respond to inquiries, thus enhancing the value of DTM solutions. The rise of Digital Wallets in Europe underscores a global trend toward converting legacy paper documents into digital formats.
The 2024 Aragon Research Globe highlights 20 leading DTM providers shaping this transformation, including Adobe, airSlate, Box, Citrix, Conga, Docusign, Dropbox, Infocert, Ironclad, Mitratech, Namirial, Nintex, OneSpan, PandaDoc, RPost, Sertifi, Signeasy, Smart Communications, Wacom, and ZorroSign.
“Digital Transaction Management is vital for companies aiming to optimize operations and minimize paper use,” noted Jim Lundy, CEO and Lead Analyst at Aragon Research. “The 2024 Globe offers crucial insights into the evolving DTM landscape and identifies the key players driving innovation in this field.”
Conclusion:
The 2024 Aragon Research Globe underscores a pivotal shift in the Digital Transaction Management market, driven by AI advancements. As enterprises increasingly leverage AI Assistants for automation, the transition from paper-based to digital processes is rapidly accelerating. The growing emphasis on e-signing and the emergence of Digital Wallets highlight a broader global trend towards digitization. This dynamic transformation is enhancing competition among providers and underscoring the critical role of DTM solutions in optimizing operational efficiency.
